Accurate budgeting and forecasting is becoming a must-do for nonprofits, especially as their individual giving programs grow, say Clarke Vincent and Andy Tidy. Accurate budgeting and forecasting is becoming a must-do for nonprofits, especially as their individual giving programs grow, say Clarke Vincent and Andy Tidy. Some of the most commonly asked budgeting questions in fundraising are, “If I do no acquisition, where will my income and donor base be in one, two or five years?” or “What do I need to invest in order to reach an income or donor volume of ‘x’ amount?” Alongside these questions, accurate budgeting and forecasting is becoming more important as charities build large…
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